A team of researchers from Tulane University have developed a hybrid device that generates electricity and steam using the Sun's energy. In order to capture the Sun's energy, you can use solar panels, or solar concentrators that captures the Sun's heat instead of it's light. Typically, the two options are used separately, but this new device uses both process at the same time, in a more cost-efficient way.
To create electricity, the device has a mirrored dish part, that focuses the Sun's ray in a box. Then, solar cells collect and convert visible and ultraviolet light into electricity. The heat energy produced is redirect to a thermal receiver, that transforms it into steam.
The low cost and efficiency of this device means it can be used on an industrial level, when it is fully scaled up. It could operate at three cents per kilowatt hour.
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